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SK Hynix Chairman Chey Tae-won stated there are no signs of weakening demand for High Bandwidth Memory (HBM). He also expressed openness to further investment, including establishing chip operations in the United States, signaling confidence in the technology's future.
Read MoreMETA's stock price surged sharply on July 10, hitting an intraday high with a gain of 7.3%. The strong performance is likely driven by multiple positive factors, including the perceived success of its strategic pivot, optimistic outlook for its advertising business, and a broader improvement in market sentiment.
Read MoreRising oil prices amid US-Iran tensions have led investors to raise bets on Bank of England rate hikes. The UK's sensitivity to energy shocks is prompting a repricing of interest rate expectations, with market-implied hikes for 2026 increasing notably.
Read MoreTrump stated in an interview that he has ordered "unprecedented bombing" of Iran if they succeed in assassinating him, claiming Tehran has sought his life for years, escalating already tense US-Iran relations.
Read MoreThe Federal Reserve's latest report highlights robust U.S. economic expansion driven by tech investment, with AI data centers boosting factory output. However, tight labor supply, persistent inflation, and Middle East conflict uncertainties pose significant risks to the outlook.
Read MoreThe Ukrainian military announced significant strikes against Russian naval forces, claiming hits on 18 vessels. Concurrent attacks targeted the Ilsky refinery and Taganrog oil terminal inside Russia, highlighting an expansion of the conflict to maritime and critical energy infrastructure.
Read MoreSK Hynix's ADR is expected to open at $175, up 17% from its $149 IPO price. The $26.5B offering sets a record for foreign companies in the U.S. Its performance is a key indicator of the AI semiconductor trend and may boost appeal for Asian tech firms seeking U.S. capital.
Read MoreApple shares fell over 1% to $312.23 on July 10. An analyst expressed bearish views, suggesting Apple could face significant pressure starting Q4 2026, with industry-wide supply chain bottlenecks posing a broader threat.
Read MoreElon Musk outlined SpaceX's accelerated timeline: crewed Mars missions within five years, a self-sustaining lunar city in a decade, and an orbital "Star Brain" data center network to move AI computing off-planet and conserve Earth's resources.
Read MoreA coalition led by RIAA and IFPI is urging streaming platforms like Spotify and Apple Music to implement mandatory labels for AI-generated music. The proposal distinguishes between fully AI-created tracks and AI-assisted works, aiming to address copyright and transparency issues in the evolving music landscape.
Read MoreQatar is leading diplomatic engagement with Iran, while President Trump remains unusually silent. Despite praising Qatar's past mediation efforts during tensions, Trump has not commented on the talks, focusing instead on a personal naming matter—a departure from his typical behavior that fuels speculation.
Read MoreSK Group Chairman Chey Tae-won has expressed strong willingness to increase investment in the United States, potentially including the construction of semiconductor fabrication plants on US soil. This move highlights strategic realignments in global tech supply chains.
Read MoreSK Group Chairman Chey Tae-won has expressed strong confidence in the US market, signaling readiness for increased investment. This move highlights SK's strategic focus on expanding its global footprint, particularly in North America, across key sectors like new energy and semiconductors.
Read MoreU.S. crypto-related stocks surged on July 10, led by IntChain's 11% jump and Circle's 7% gain. Bitcoin rose for a second day, topping $64,695. The broad rally highlights growing integration between digital assets and traditional markets.
Read MoreBank of America Global Research raised its price target for Eli Lilly from $1251 to $1334. The move signals strong Wall Street confidence in the company's growth trajectory, particularly driven by its leading franchises in diabetes and obesity treatments.
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